I think it was obvious from the hearing that they are going to give the remaining money to the Revenue.
Mark's view as far as I understood it is that the money should never have been in the Marshall Editions account as it was raised from the CVA which was for the whole group not just one subsidiary. This seemed like a reasonable argument to me, but the person chairing the hearing (not sure what her official title was) did not want to discuss anything outside of who the money should go to, not even whether the money should be in the account it was. It was a very narrow hearing. It was the furthest thing possible from an inquiry into the whole Just saga, although both CJ and Mark wanted to widen it out (with different areas of interest of).
I was also in the corridor with CJ and a man who introduced himself as the "liquidator". CJ did say he would post his witness statement "on the website" today. I don't know if this is the website he meant, but Mark's already posted it anyway.
Evershed's blamed the CVA on Begbie and Traynor as far as I understood when it was called into question during the hearing. Of the final money left in the company 2 x 100k have been taken in fees by, I think by Eversheds and the liquidators. As I say the man from the Revenue was there and it looks like he'll get the rest as a preferential creditor.